VARNAVEIEN 22 AS

0473 OSLO

Finances

Share Ownership

Return on Equity

24,52 %

Current Ratio

0,32

Debt-to-Equity Ratio

3,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 140 000	3 626 000	3 785 000	3 808 000
Net Income	1 456 000	1 326 000	1 547 000	1 477 000
Total Assets	27 873 000	27 708 000	27 998 000	27 599 000
Total Equity	5 939 000	5 833 000	5 791 000	5 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 140 000	3 626 000	3 785 000	3 808 000
Expenditure	1 534 000	1 252 000	1 080 000	1 109 000
Operating Profit	2 606 000	2 375 000	2 706 000	2 699 000
Financial Income	0	0	0	3 000
Financial Costs	739 000	675 000	723 000	809 000
Financial Balance	−739 000	−675 000	−723 000	−806 000
Earnings Before Tax	1 866 000	1 699 000	1 983 000	1 894 000
Tax	411 000	374 000	436 000	417 000
Net Income	1 456 000	1 326 000	1 547 000	1 477 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 152 000	26 375 000	26 402 000	26 991 000
Total Current Assets	721 000	1 333 000	1 596 000	608 000
Total Assets	27 873 000	27 708 000	27 998 000	27 599 000
Total Retained Equity	1 841 000	1 735 000	1 693 000	1 621 000
Total Equity	5 939 000	5 833 000	5 791 000	5 718 000
Total Long-Term Debt	19 696 000	19 666 000	19 654 000	19 634 000
Total Current Debt	2 238 000	2 209 000	2 553 000	2 247 000
Total Equity and Debt	27 873 000	27 708 000	27 998 000	27 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 482 000	3 574 000	3 741 000	3 767 000
Other Income	658 000	52 000	44 000	41 000
Revenue	4 140 000	3 626 000	3 785 000	3 808 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	463 000	536 000	536 000	525 000
Impairment	0	0	0	0
Expenditure	1 534 000	1 252 000	1 080 000	1 109 000
Operating Profit	2 606 000	2 375 000	2 706 000	2 699 000
Financial Income	0	0	0	3 000
Financial Costs	739 000	675 000	723 000	809 000
Financial Balance	−739 000	−675 000	−723 000	−806 000
Dividends	0	0	0	0
Net Income	1 456 000	1 326 000	1 547 000	1 477 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 468 000	20 254 000	20 789 000	21 325 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 468 000	20 254 000	20 789 000	21 325 000
Total Fiancial Fixed Assets	6 684 000	6 122 000	5 613 000	5 666 000
Total Fixed Assets	27 152 000	26 375 000	26 402 000	26 991 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	620 000	1 203 000	1 560 000	545 000
Total Current Assets	721 000	1 333 000	1 596 000	608 000
Total Assets	27 873 000	27 708 000	27 998 000	27 599 000
Total Equity	5 939 000	5 833 000	5 791 000	5 718 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 696 000	19 666 000	19 654 000	19 634 000
Creditors	226 000	282 000	261 000	174 000
Unpaid Taxes	70 000	83 000	84 000	99 000
Dividends	0	0	0	0
Other Current Debt	1 941 000	1 844 000	2 209 000	1 974 000
Total Current Debt	2 238 000	2 209 000	2 553 000	2 247 000
Total Equity and Debt	27 873 000	27 708 000	27 998 000	27 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,52 %	22,73 %	26,71 %	25,83 %
Debt-to-Equity Ratio	3,32	3,37	3,39	3,43
Operating Profit Margin	62,95 %	65,5 %	71,49 %	70,88 %
Current Ratio	0,32	0,6	0,63	0,27
Quick Ratio	0,32	0,6	0,63	0,27
Equity Ratio	0,21	0,21	0,21	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %